Financial Administrator

SUMMARY:
We are looking for the Financial Administrator who will be responsible for accurately recording and maintaining the company's daily financial transactions in accordance with the company policy.

POSITION INFO:
Job Title: Financial Administrator
Region: Gauteng
City/Town: Johannesburg, Eastern Suburbs

We are looking for the Financial Administrator who will be responsible for accurately recording and maintaining the company's daily financial transactions in accordance with the company policy.

Key functions will include:
Accounts Receivable
    Debtor Statements:

• Generating and distributing detailed customer account statements.
• Monitoring aging reports to ensure timely collections.

• Preparing and reconciling intercompany recharge transactions.
• Ensuring accuracy and timely processing of debit memos.

• Validating and issuing credit notes to ensure compliance with policies.
• Updating records to reflect the credit adjustments.
• Ensuring compliance with tax and regulatory requirements.

• Monitoring inventory transactions for accuracy and compliance.
• Investigating and resolving discrepancies in stock levels.

• Coordinating stock count schedules and teams.
• Reconciling Syspro and KARDEX data with physical counts.

• Assigning unique codes to new inventory items.
• Ensuring codes align with organizational classification standards.

• Generating detailed reports of overdue accounts for follow-up.
• Highlighting high-risk accounts to management.

• Customizing reports based on customer-specific needs and trends.
• Analysing customer profitability and recommending improvements.

• Compiling and verifying export sales data for compliance.
• Liaising with export departments to resolve discrepancies.

• Ensuring accurate statistical submissions to relevant authorities.
• Monitoring deadlines to avoid penalties.

• Ensuring accurate data collection for BEE compliance submissions.
• Providing detailed breakdowns for review and sign-off.

• Preparing reports for the South African Reserve Bank (SARB).
• Maintaining records of all supporting data used in submissions.

• Reviewing and updating provisions for doubtful debts.
• Justifying adjustments to auditors or management.

• Calculating and reconciling VAT payable or receivable.
• Ensuring VAT returns are submitted on time.

• Updating cash flow projections based on actuals and anticipated transactions.

• Tracking asset additions, disposals, and depreciation schedules.
• Ensuring compliance with asset capitalization policies.

• Coordinating with other departments to refine weekly cash flow estimates.

• Reviewing and correcting journal entries for accuracy.
• Ensuring supporting documentation is attached to all journals.

• Analysing trial balances for errors or discrepancies.
• Resolving general ledger queries in coordination with relevant stakeholders.

• Preparing audit schedules and liaising with auditors.
• Addressing audit queries promptly and accurately.

• Preparing schedules for expenses, reconciliations, and provisions.

• Calculating and recording recoverable expenses.

• Responding to finance-related inquiries promptly.
• Supporting additional tasks as assigned by management.

NB! This job is now closed. You can apply for other jobs by uploading your CV.